Hasan

Hasan is a 29-year-old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon. Hasan has been selling fruits and vegetables for a year. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase merchandise for his work. This is the first time that Hasan has requested a loan.

His customers are his friends, neighbors, and people from his region. Hasan decided on doing his business because he wanted to have an independent job. In the future, he plans on expanding and improving his business.

Additional Information

About Al Majmoua – Lebanese Association for Development

The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.

Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.